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Entrance to CitiBank branch.

Nationalization Is as American as Apple Pie

Nationalization may seem like an alien idea in the hyper-capitalist United States. But the country has a long history of nationalizing all sorts of industries.
by Thomas M. Hanna via Jacobin on November 11, 2019
Alan Greenspan holding his right hand up to speak under oath, with an eagle seal on the wall behind him.

When Alan Met Ayn: "Atlas Shrugged" and Our Tanked Economy

We owe at least part of the 2008 financial crisis to Ayn Rand's philosophy of objectivism.
by Maria Bustillos via Popula on October 11, 2019

The Rich Can't Get Richer Forever, Can They?

Inequality comes in waves. The question is when this one will break.
by Liaquat Ahamed via The New Yorker on August 26, 2019
Cotton field.

How The 1619 Project Rehabilitates the ‘King Cotton’ Thesis

The New York Times’ series on slavery relies on bad scholarship to make an argument with an inauspicious history.
by Phillip W. Magness via National Review on August 26, 2019
Bank of England.

The Invention of Money

In three centuries, the heresies of two bankers became the basis of our modern economy.
by John Lanchester via The New Yorker on July 29, 2019

Against the Great Man Theory of Historians

Without accounting for the often-invisible work of others in his research, Robert Caro's new memoir is not so much inspiration as an exercise in self-celebration.
by Kim Phillips-Fein via Jacobin on June 12, 2019

The American Revolution’s Starving, Barefoot, Heroic Troops

Our young nation was very poor, the war was very expensive, and Congress and the states wanted everyone else to pay.
by Jay Cost via National Review on May 27, 2019

The Price of Meat

America’s obsession with beef was born of conquest and exploitation.
by Samuel Moyn via The New Republic on May 7, 2019
Photo over Obama's shoulder facing Larry Summers and Timothy Geitner on the other side of a conference table.

Obama's Original Sin

A new insider account reveals how the Obama administration’s botched bailout deal reinforced neoliberal Clintonism.
by Eric Rauchway via Boston Review on April 23, 2019

How the Chicago School Changed the Meaning of Adam Smith’s ‘Invisible Hand’

Smith wasn’t warning about government intervention in the market; he was warning about government capture.
by Glory M. Liu via Washington Post on April 22, 2019
President Kennedy hands Senator Estes Kefauver the pen he used to sign a bill.

The Greatest Show of Them All

How a New Deal senator’s anti-monopoly investigations changed American business.
by Jill Priluck via Lapham’s Quarterly on April 8, 2019

Banking on the Cold War

The Cold War says more about how U.S. elites imagined their “freedom” than it does about enabling other people to be free.
by Nikhil Pal Singh via Boston Review on March 14, 2019

Wayward Leviathans

How America's corporations lost their public purpose.
by David Ciepley via The Hedgehog Review on March 1, 2019

Other People’s Blood

On Paul Volcker.
by Tim Barker via n+1 on February 26, 2019
Border patrol guarding a group of men sitting on the ground.
partner

A Wall Can’t Solve America’s Addiction to Undocumented Immigration

For more than 70 years, undocumented immigrants have shaped the American economy.
by Julia G. Young via Made By History on January 9, 2019

Atlas Weeps

Alan Greenspan and Adrian Wooldridge’s strange elegy for capitalism.
by Kim Phillips-Fein via The Nation on December 12, 2018

Unchecked Power

How monopolies have flourished—and undermined democracy.
by Ganesh Sitaraman via The New Republic on November 29, 2018

When Economists Took Socialism Seriously

If there’s one thing worth taking away from the new White House report on socialism, it’s that economics is a political argument.
by Tim Barker via Dissent on October 25, 2018

“A Place to Die”: Law and Political Economy in the 1970s

What the substandard conditions at a Pittsburgh nursing home revealed about the choices made by lawmakers and judges.
by Karen Tani via LPE Project on October 18, 2018
Railway strike of 1886.

Why Strikes Matter

On the history (and future) of class struggle in America.
by Erik Loomis via Literary Hub on October 3, 2018

Ten Years After the Crash, We’ve Learned Nothing

The great financial catastrophe of our times is still badly misunderstood, despite its grotesque consequences.
by Matt Taibbi via Rolling Stone on September 13, 2018

The Gospel of Wealth

How did the “moral economy”—a concept that once encompassed a radical critique of capitalism—become the province of billionaires?
by Tehila Sasson via Dissent on August 22, 2018

Happy, Healthy Economy

Growth is only worth something if it makes people feel good.
by Livia Gershon via Longreads on August 6, 2018

Ten Years After the Crash, We Are Still Living in the World It Brutally Remade

A seismic reading of the financial earthquake and its aftershocks, including those that still jolt us today.
by Christopher Caldwell, Malcolm Harris, Frank Rich, Timothy Shenk, Hanna Rosin, Rachael Combe, Sarah Leonard, Lauren Levy, Heather Havrilesky, Allison P. Davis via Intelligencer on August 5, 2018

Between Obama and Coates

Because both thinkers neglect political economy, they end up promoting a politics that is responsible for the nation's growing inequality.
by Touré F. Reed via Catalyst on March 12, 2018

In the Shadows of Slavery’s Capitalism

"Masterless Men" shows how the antebellum political economy made poor southern whites into a volatile, and potentially disruptive, class.
by Calvin Schermerhorn via Black Perspectives on March 5, 2018
Man giving a speech for the Taxpayers League of Minnesota.

Half a Century of Anti-tax Orthodoxy Is Wrong

Taxation is at the heart of any serious economic growth policy.
by Felicia Wong via Boston Review on December 15, 2017

When America Was a Developing Country

The nostalgia of some conservatives hearkens back to a different—and irretrievable—economic time.
by Addison Del Mastro via The American Conservative on December 13, 2017

The Republican Tax Bill Is a Poison Pill That Kills the New Deal

Today’s Republicans would have fit right into Herbert Hoover’s administration.
by Heather Cox Richardson via BillMoyers.com on December 7, 2017

The Cold War and the Welfare State

If you look hard enough, you can almost find ideological consistency in the Republicans’ breathtaking tax bill.
by Nils Gilman via The American Interest on December 4, 2017
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